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Nick is considering investing in a two year $10,000 bond paying a coupon rate of4%. The market interest rate is4%. Calculate the present value (PV)
Nick is considering investing in a two year $10,000 bond paying a coupon rate of4%. The market interest rate is4%. Calculate the present value (PV) of thebond.
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Managerial Economics and Business Strategy
Authors: Michael Baye, Jeff Prince
9th edition
9781259896422, 1259290611, 1259896420, 978-1259290619
